Flat steel import prices in the United Arab Emirates and Saudi Arabia continued to fall this week, pushing buyers to refrain from bookings and hope for better deals later, sources told Metal Bulletin on Tuesday April 10.
Demand was moderate in the UAE but continued to be weak in Saudi Arabia.UAEChina offered hot-rolled coil (HRC) at $610-615 per tonne cfr, while offers from Taiwan came in at $615-620 per tonne cfr.India offered HRC at $620-625 per tonne cfr to the UAE, narrowing downward from last week's $620-630 per tonne cfr.https://www.metalbulletin.com/Article/3798122/GULF-FLAT-STEEL-IMPORTS-Prices-expected-to-fall-in-UAE-Saudi-Arabia.htmlMetal Bulletin's weekly price assessment for UAE HRC imports was $610-620 per tonne cfr on April 10,...